Locked content TFI assets inch up by 0.3% in November

The assets of Polish investment funds (TFIs) increased by 0.3 percent month-on-month to PLN 276.1 billion in November, according to Analizy Online. Cash funds saw the biggest growth by PLN 1.48 billion, followed by debt funds (PLN 0.22 billion). The biggest drop was in equity assets, which contracte...

Locked content Polish investment funds assets inch down in September

Net assets under management (AuM) of Polish investment funds contracted by 0.45 percent m/m to PLN 273.8 billion in September, a report by researcher Analizy Online and asset management lobby IZFiA showed. Non-public asset funds are responsible for the overall decline. Last month the value of capita...

Locked content NBP: asset management fees should be limited and diversified

Poland should diversify asset management fees of TFIs investment funds based on the investment risk profile, the central bank (NBP) said in its opinion to a draft bill on financial instruments. “The past few years have shown that there is no significant reduction in the level of fees charged to the ...

Polish investment funds assets inch down in July

Net assets under management (AuM) of Polish investment funds contracted by 0.01 percent m/m (PLN 20 million) to PLN 272.92 billion in July, a report by researcher Analizy Online and asset management lobby IZFiA showed. Since January 1, 2017, the AuM increased by PLN 14.4 billion.

Locked content Polish investment funds assets down to PLN 273.5 bln in May

Net assets under management (AuM) of Polish investment funds contracted by 0.8 percent m/m (PLN 2.2 billion) to PLN 273.5 billion in May, a report by researcher Analizy Online and asset management lobby IZFiA showed. In the same period, net inflows stood at negative PLN 0.5 billion. Since January 1,...

Locked content Poland to cap management fees gradually, no changes in 2017

Financial market regulator KNF, said after consultations with investment funds, that the 2 percent cap on management fees should be implemented gradually to 2022. No changes will be made this year. “Taking into account that financial and capital situation of particular investment hoses differs signi...

Locked content Poland to cap investment fund management and redemption fees

Financial market regulator KNF said that the fixed management by investment fund houses (TFI) should be capped at 2 percent. “The management fee on open-end mutual funds and sub-funds should be capped at 2 percent of net assets under management and adjusted to the investment policy, profit and risk ...

Locked content The assets of Polish investment funds (TFIs) rose by 1.8% in Q4

According to data released by Analizy Online, the number of TFI clients in Q4 dropped to 2.06 million, representing a 1.8 percent year-on-year drop. Funds with biggest losses included Pioneer Pekao TFI (over 7,000 clients has left the fund), PKO TFI and BZ WBK TFI with 3,500 and 2,200 less clients. ...